Lee Schofield. BDM for Norton Broker Services, said: “July and August usually sees a drop in new enquiries but a combination of our competition and the impact of MMR has meant that we are just getting busier.
“Since MMR we have certainly seen an increase in the number of mortgage brokers contacting us about secured loans which is refreshing as it’s usually the other way around!
“We have also seen a rise in the number of referrals for unsecured loans as well as a strong interest from Scottish brokers in our Norton Home Loans products.”
Any broker submitting a secured loan enquiry during the Tour De France will be automatically entered into Norton Broker Services Grand (depart) Prize Draw.
The competition launch coincided with the Tour De France starting in Norton’s home county of Yorkshire.